Strategy (MSTR) unveiled a new capital management framework that raises STRC's dividend to 12%, authorizes $2 billion in share buybacks, and permits limited bitcoin sales to fund reserves, dividends, debt obligations, and stock repurchases.
Strategy (MSTR) shares fell below $100 for the first time since March 2024 as Bitcoin's drop to around $61,000 left the company sitting on more than $11 billion in unrealized losses.
Strategy purchased 520 bitcoin for $35 million last week, increasing its holdings to 847,363 BTC while raising its USD Reserve by $335 million to $1.4 billion.
Strategy resumed its bitcoin accumulation strategy with a $101 million purchase of 1,550 BTC, rebuilding confidence after its first bitcoin sale in years and bringing its holdings to 845,256 BTC.
Strategy retired $1.5 billion in convertible debt at an 8% discount, bringing its holdings to 843,738 BTC as it actively rebalances its capital structure.